Business

Fox News reports: Amazon Prime has exclusively licensed a documentary film for global theatrical and streaming release that will give viewers an “unprecedented behind-the-scenes look” at First Lady Melania Trump’s life, Fox News Digital has learned. Fox News Digital has learned that the project is expected to be released globally in theaters and for streaming use in the second half …

Axios reports: Apple CEO Tim Cook will personally donate $1 million to President-elect Trump’s inaugural committee, sources with knowledge of the donation tell Axios. The donation reflects a long, collaborative relationship between Trump and Cook that included many meetings during Trump’s first term, and dinner at Mar-a-Lago last month. Cook, a proud Alabama native, believes the inauguration is a great …

The Washington Post reports: President Joe Biden has decided to officially block Nippon Steel’s proposed purchase of U.S. Steel, a once-iconic American company whose sale to a foreign buyer he publicly opposed for months, according to two administration officials who were not authorized to speak publicly about the matter. Nippon Steel and U.S. Steel have vowed to pursue legal action …

Ars Technica reports: Apple has agreed to pay $95 million to settle a lawsuit alleging that its voice assistant Siri routinely recorded private conversations that were then sold to third parties for targeted ads. In the proposed class-action settlement—which comes after five years of litigation—Apple admitted to no wrongdoing. Instead, the settlement refers to “unintentional” Siri activations that occurred after …

ABC News reports: Authorities investigating the explosion of a Tesla Cybertruck on Wednesday outside the Trump Las Vegas hotel have expanded their search for evidence to Colorado, federal sources have confirmed to ABC News, as law enforcement agencies probe the incident as a possible act of terror. The FBI is conducting operations and searches in Colorado Springs, Colorado, in relation …

The Guardian reports: One person died and seven more were injured on Wednesday when a Tesla truck caught fire and exploded outside Donald Trump’s Las Vegas hotel, authorities said. Las Vegas metropolitan police and Clark county fire department officials said at a news conference that a person died inside the vehicle and that they were working to get the body …

Las Vegas’s NBC affiliate reports: One person is dead after a Tesla Cybertruck burst into flames outside Trump International Hotel near the north end of the Las Vegas Strip Wednesday morning. A vehicle fire was first reported around 8:40 a.m. in the valet area of the hotel, Clark County Sheriff Kevin McMahill told reporters. A Cybertruck pulled up to the …

CBS News reports: In helping instigate a heated debate over H-1B visas, Elon Musk is speaking both from personal experience and as a business owner. That’s because his company, electric car maker Tesla, is among the U.S. companies that bring thousands of foreign engineers and other skilled workers into the U.S. each year. After not placing in the top 25 …

Agence France-Presse reports: Rick Naerebout, executive director of the Idaho Dairy Producers Association, warns the sudden disappearance of skilled laborers could be “devastating” to the dairy industry. “It would only take a couple days of disruption and not being able to feed or milk our cows to where you would damage our industry beyond repair,” he told AFP. University of …

Reuters reports: U.S. stock exchanges will close on Thursday, January 9 in observation of a national day of mourning in honor of former U.S. President Jimmy Carter, who died on Sunday at the age of 100. The New York Stock Exchange and the Nasdaq announced the closures on Monday, a customary gesture to honor deceased presidents. President Joe Biden directed …

The Daily Beast reports: Andrew Witty, the CEO of UnitedHealth Group, has been walking a tightrope in the weeks since his colleague, Brian Thompson, was executed on a New York City street earlier this month. On one hand, Witty’s had to fight to raise flagging morale in the company’s ranks—but on the other, he’s quietly been boasting that 2024 has …

Gothamist reports: The start of a new year often brings a surge of optimism — and gym memberships. But for many, the excitement fades as unused memberships become an expensive burden. Starting in 2025, a new state law will make canceling these contracts less of a headache. Under the new law, health clubs must process gym membership cancellations within 10 …

The automotive site Electrek reports: Tesla has replaced some of its US employees who were let go as part of a big wave of layoffs earlier this year with foreign workers using H-1B visas, which CEO Elon Musk is now campaigning to increase. Over the last week, Elon Musk has been promoting the increase of H-1B visas. Qualified foreign workers …

ABC News reports: The discount chain Big Lots, which filed for bankruptcy protection in September, has reached a deal that will keep hundreds of its stores and distribution centers open. Big Lots said Friday it will be sold to Gordon Brothers Retail Partners, a firm that specializes in distressed companies. Gordon Brothers will then transfer Big Lots’ stores, distribution centers …

Newsweek reports: The Costco Board pushed back against its anti-diversity, equity and inclusion (DEI) shareholders, who had suggested the wholesale corporation re-evaluate its “illegal discrimination” program. The Costco board responded to a group of shareholders, unanimously recommending a vote against the proposal to “report on the risks of maintaining DEI efforts.” The shareholders had suggested Costco employees would potentially become …

SF Gate reports: After a deep investment in electric vehicles — Hertz purchased 100,000 Teslas three years ago — the country’s second-largest rental car company is starting to scale back on its Tesla stock by selling off its electrified fleet at eye-raising prices. A Hertz customer posted a screenshot on Reddit last week with a deal to purchase a 2023 …

Bloomberg News reports: A mystery seller is asking $200 million for an empty waterfront lot next door to the properties Jeff Bezos bought in South Florida. The roughly 1.84 acre lot (0.74 hectare) is located at Indian Creek, a man-made barrier island that’s been dubbed “Billionaire Bunker.” Ilya Reznik, who’s brokering the transaction, declined to identify the seller but said …

Orlando’s CBS affiliate reports: Members of the former Reedy Creek Improvement District board of supervisors broke no criminal laws prior to Gov. Ron DeSantis appointing a new board to oversee Walt Disney World’s special taxing district, newly-released government records reveal. At the time, DeSantis expressed concern about a last-minute development agreement and restrictive covenants between Disney and the former RCID …

The Guardian reports: Toyota is donating $1m to Donald Trump’s inauguration. The report, per Reuters citing a company spokesperson, comes one day after Ford and General Motors said they would donate $1m each to the president-elect’s inaugural fund. The two US automakers will also provide vehicles to the 20 January event, the outlet reported. Trump’s proposed tariffs on goods from …

The Associated Press reports: Defense lawyers say the former longtime CEO of Abercrombie & Fitch may have dementia, and a competency hearing is necessary to determine if he can face sex charges. Lawyers for Michael Jeffries said in court papers unsealed Monday in federal court in Central Islip on Long Island that a neuropsychologist who examined Jeffries in October concluded …